First Abu Dhabi Bank Misr reports EGP 6.5 billion net profit for the first quarter of 2026
First Abu Dhabi Bank Misr (FABMISR), one of the largest banks operating in Egypt, announced its financial results for the first quarter ending March 31, 2026. The results reflect the bank’s continued strong core business performance and resilient financial position, recording EGP 6.5 billion in net profit. This performance reaffirms FABMISR’s commitment to delivering innovative banking solutions that support customer aspirations and reinforce its position as a trusted financial partner in driving sustainable growth.
According to the financial statements, net loans and advances to customers reached EGP 191.6 billion by the end of March 2026, customer deposits also increased to EGP 346.9 billion. The bank’s total assets achieved EGP 533 billion by the end of March 2026, total shareholders’ equity by EGP 68 billion, and capital adequacy ratio of 28.04%, highlighting the continued strength of its balance sheet and solid business momentum.
FABMISR recorded net interest income of EGP 7.3 billion during the first quarter of 2026, maintaining solid performance levels compared to the same period in 2025. Net fees and commission income increased to EGP 0.7 billion, reflecting the bank’s continued success in enhancing its diversified revenue streams and expanding customer-focused banking services. The bank also has fulfilled its tax obligations by paying EGP 2.3 billion during the first quarter, in line with its commitment to meeting all tax requirements and contributing to the national economy.
Commenting on the results, Mr. Ahmed Issa, Chief Executive Officer and Managing Director of FABMISR, said: “Our first-quarter results for 2026 reflect the strength of our business model and the disciplined execution of our strategic priorities. FABMISR continues to achieve solid and sustainable growth across its core business segments, supported by strong customer activity, operational efficiency, and a diversified product offering.”
He added: “We remain committed to supporting Egypt’s economic growth through financing strategic sectors, advancing financial inclusion, and accelerating digital transformation. Looking ahead, we will continue to build on our strong market position and focus on delivering sustainable growth and exceptional banking experiences for our customers.” FABMISR continues to strengthen its position in the Egyptian banking sector through a strategy focused on innovation, digital transformation, customer-centricity, and sustainable growth. In line with its ongoing expansion strategy, the bank is further extending its physical presence across key regions and bringing its total network to 74 branches nationwide. Reinforcing this approach, the bank supports community development and sustainability objectives through impactful cooperations, such as its partnerships with institutions like Orman Association to enhance living conditions and economic opportunities in many villages across Egypt.
